Cashless

President Donald Trump signed an executive order on Monday threatening to withhold or revoke federal funding to local and state governments that offer cashless bail, arguing that it is a threat to public safety. No cash. Come back in a couple of months, we'll give you a trial. You never see the person again," he said, moments before signing the order. Attorney General Pam Bondi must submit a list of jurisdictions that have substantially eliminated cash bail as a potential condition of pretrial release from custody for crimes that pose a clear threat to public safety and order within 30 days, as stipulated in the order. Proponents of eliminating cash bail describe it as a penalty on poverty, suggesting that the wealthy can pay their way out of jail to await trial while those with fewer financial resources have to sit it out behind bars. Critics of the cashless route have argued that bail is a time-honoured way to ensure defendants released from jail show up for court proceedings. The

Temporarily suspension of cashless claim settlements across all 12 Max hospitals across Delhi-NCR includes 8 super-specialty hospitals, 2 multi-specialty centers, one hospital in Gurgaon, and Lajpat

Paytm brings UPI payments for Indian travellers to UAE, France, Singapore, and more

The Arunachal Pradesh government has signed a memorandum of understanding with Delhi's Institute of Liver and Biliary Sciences for extending cashless treatment up to Rs 5 lakh to the beneficiaries of the state's Chief Minister Arogya Arunachal Yojana. Chief Minister Pema Khandu said under the MoU, the Institute of Liver and Biliary Sciences (ILBS) will offer cashless treatment based on credit authorisation issued by the Chief Minister Arogya Arunachal Yojana (CMAAY) on the recommendation of the referral board in the Naharlagun-based Tomo Riba Institute of Health and Medical Sciences (TRIHMS). The TRIHMS, located near the capital city of Itanagar, is Arunachal Pradesh's first medical college and state hospital. "I am extremely delighted to share that we have signed an MoU with the ILBS, Delhi. Through this MoU, ILBS will extend cashless benefits to beneficiaries of CMAAY scheme in the hospital up to Rs 5 lakh based on credit authorisation issued by State Health Agency CMAAY on the ..

Instant payments are credit transfers that make funds available in the recipient's account within 10 seconds of a payment order being made rather than waiting for days for the cash to clear

The absence of a physical representation of money might be why people spend more with digital payments

Keep some emergency cash at home and ensure your credit card limits are adequate

A central bank can serve as more than just a regulator, by influencing or even creating shared infrastructure

The 'Cashless Everywhere' initiative aimed at making cashless treatment available for policyholders even in non-empanelled hospitals registered under the Clinical Establishment Act

This initiative, spearheaded by the General Insurance Council, aims to simplify claims processing, mitigate fraud, and bolster overall industry trust

Regulator asks companies to publish board-approved empanelment criteria on their websites periodically; insurers to focus on quality of healthcare services of hospitals being empanelled

UPI transactions grew faster than credit or debit card transactions, but growth in average transaction size was still considerably lower than debit and credit card usage

It isn't the pandemic that's putting this popular means of payment out of existence. All that Covid-19 has done is to accelerate a trend that was already with us

Reports suggest that contractors and vendors could set off their dues, such as property tax and penalties imposed by MCGM, using credit notes

If there's no cash at all to fall back on, what happens if digital networks fail? And what about cyberattacks? Such events can do a lot more damage than old-fashioned bank robberies

The villagers are predominantly farmers with only seven of them having government jobs

Citizens want no debit card charges, maximum merchant charges on credit card & wallet usage below 1%

The helpline clearly states that it does not address grievances

Provisional RBI data for November-December show a steady increase in card usage

CEPT University is also going cashless for students in availing campus facilities